Category: Business

Lobels, creditors agree

bread.jpgTroubled bread-making firm, Lobels Holdings and its creditors have reached a common ground on the payment of the US$19 million debt when the company resumes production on the first of next month following injection of fresh capital by a new investor.

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No progress on ZSE demutualisation

zimbabwestockexchangelogo.jpgThe anticipated demutualisation of the Zimbabwe Stock Exchange (ZSE) is likely to hit a snag due to failure by the Ministry of Finance to release funds for the transformation of the bourse into a private company.

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